Consider the following statements about personal Income: 1. Personal income is that income which is actually obtained by nationals. 2. Personal Income = National income - undistributed profits of corporation - payments for social security provisions - corporate tax + government transfer payments + Business transfer payments + Net interest paid by government. Select the correct answer using the codes given below:

Consider the following statements about personal Income: 1. Personal

1.	Consider the following statements about personal Income: 1. Personal income is that income which is actually obtained by nationals. 2. Personal Income = National income - undistributed profits of corporation - payments for social security provisions - corporate tax + government transfer payments + Business transfer payments + Net interest paid by government. Select the correct answer using the codes given below:
A.	1 only
B.	2 only
C.	1 and 2
D.	Neither 1 nor 2
Answer» D. Neither 1 nor 2